GET PRE-APPROVED

• Buying a Home Info - Spring 2023

• Buyer Presentation

• Top 100 Buyer Questions & Answers

• Learn about lending requirements, credit score, ratios, & more

• Get referrals for potential mortgage brokers & interview them

• Gather & submit all required documentation

• Apply online & decided what you can afford to pay monthly

• Obtain a pre-approval letter & send it to your agent, Erin Rose

 

PARTNER WITH AN AGENT

• Complete the New Buyer Worksheet with your agent

• Review Ideal Home inventory: Active, Pending, Sold

• Review Recent Market Statistics

• Review the Home Buyer Closing Cost Net Estimate Sheet

• Sign the Exclusive Right to Buy Contract

• Review & Sign Definitions of Working Relationships

 

FIND YOUR NEW HOME​

• Review Home Buying Considerations information

• Download the Home Search App

• Favorite any homes you like with a 'heart'

• Refine the list & nix homes you don't want to tour

• Schedule home touring day(s) with the agent

• Decide on your dream home

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MAKE AN OFFER & NEGOTIATE

• Discuss terms, price, and dates with the agent: Decision Worksheet

• See Vendor Directory > select a Title Company & Read Info

• Review & sign the Contract to Buy & Sell Real Estate 

• Buyer to deliver Earnest Money$ to Title Company by the deadline

• Obtain Earnest Money Receipt

• Review Counter Offer -if applicable

 

UNDER CONTRACT

• See Vendor Directory > Select an Insurance Agent

• Send proof of Home Insurance to your lender

• Review Seller’s Property Disclosure

• See Vendor Directory > select Home Inspection(s) & Read Info

  • General Inspection

  • Radon Inspection

  • Sewer Scope

  • Asbestos Testing (*Ceiling Repair $ after!)

  • Other:

• Review Lead-Based Paint Info / Brochure

• Review Radon Info / 

• Review & sign all disclosures​

• • Lead-Based Paint Disclosure -1978 & Prior

  • Square Footage Disclosure

  • Source of Water Disclosure

  • Review HOA Documents

  • LIV Wire Fraud Disclosure

  • If IVA Loan: discuss property condition requirements

• Discuss Inspection Objection with the agent

• Agree to Inspection Resolution or withdraw Insp. Obj. 

• Confirm with Lender: ok to order a 3rd party appraisal

• Review title work ordered by your agent

• Confirm closing date and possession date

• Certify funds for closing / or wiring information

• 3 Days Prior to Closing: Finalized home loan rates

• Review the final Settlement Statement from the Title Company

• Reconfirm closing date/time/location

 

BEFORE YOU CLOSE

• Transfer funds for closing if necessary

• Reserve a moving company

• Confirm that all Inspection items were resolved

• Schedule the final property walk-through

• SECURELY Wire funds to Title Company 

 

CLOSING DAY: WHAT TO BRING

• Read What to Expect at Closing

• A printed confirmation of your wire transfer 

• Government-issued photo ID(s)

• Social Security number(s)

• Home addresses from the last 10 years

• Proof of Homeowner's Insurance

• Your checkbook, even if you are wiring money

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CLOSING DAY

• Schedule at least 2 hours (1-hour min on average)

• Sign all Documentation

• Title transfers /deeds delivered

• Confirm Title company will transfer the water bill

• Get your keys - congrats, it's all yours!

• Call Xcel (or other): Gas & Electric > transfer into your name.

• Change your address through the USPS website

 

POST-CLOSING

• See Vendor Directory > Rekey the property

• Watch for refunds for escrowed utility funds

• Save all mail/packages received addressed to previous owners & forward or alert your agent to pick them up.